Shanghai Emperor of Cleaning Hi-Tech Co., Ltd. (SHSE:603200) agreed to acquire 90% stake in Beijing Huakai Environmental Protection Technology Co., Ltd from Su Dian, Wu Zhiyong, Zhu Hui, Zhang Xiangdong, Chen Peng and Zhang Bin for CNY 2.3 million on July 6, 2018. For the period ending December 31, 2017, Beijing Huakai reported total assets of CNY 0.45 million, nil revenue and net loss of CNY 2.11 million. The transaction is approved by the 9th meeting of the 3rd directorate of Shanghai Emperor. Shanghai Emperor of Cleaning Hi-Tech Co., Ltd. (SHSE:603200) cancelled the acquisition of 90% stake in Beijing Huakai Environmental Protection Technology Co., Ltd from Su Dian, Wu Zhiyong, Zhu Hui, Zhang Xiangdong, Chen Peng and Zhang Bin on July 6, 2019.